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Higher costs squeeze margin at UC Davis Medical Center
Sacramento Business Journal

The UC Davis Health System this week reported net income of $46.6 million for the fiscal year ending June 30. That’s flat from the year before, despite higher costs. Revenue rose to $1.7 billion in fiscal 2015 from $1.6 billion the previous year, an increase of 8.4 percent. But costs also were up. Operating revenue fell to $51.9 million from $56.7 million the year before.